Lionhead Technology Development Co (SHSE:600539) PB Ratio: 11.98 (As of Aug. 07, 2026) — 207% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600539 Lionhead Technology Development Co Ltd SHSE:600539
42 GF Score
Price ¥15.64
GF Value ¥5.83
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Lionhead Technology Development Co PB Ratio?

Lionhead Technology Development Co SHSE:600539 +7.20% 42 PB Ratio is 11.98 as of Aug. 07, 2026, which is 207% above its 10-year median of 3.90. GuruFocus rates SHSE:600539 with a GF Score™ of 42/100 and a GF Value™ of ¥5.83 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 399 Building Materials companies, Lionhead Technology Development Co ranks worse than 96.49% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-08-07), Lionhead Technology Development Co's share price is ¥15.64. Lionhead Technology Development Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥1.31. Hence, Lionhead Technology Development Co's PB Ratio of today is 11.98.

Warning Sign:

Lionhead Technology Development Co Ltd stock PB Ratio (=14.17) is close to 10-year high of 15.62.

The historical rank and industry rank for Lionhead Technology Development Co's PB Ratio or its related term are showing as below:

SHSE:600539' s PB Ratio Range Over the Past 10 Years
Min: 2.32   Med: 3.9   Max: 15.62
Current: 11.94

During the past 13 years, Lionhead Technology Development Co's highest PB Ratio was 15.62. The lowest was 2.32. And the median was 3.90.

SHSE:600539's PB Ratio is ranked worse than
96.49% of 399 companies
in the Building Materials industry
Industry Median: 1.16 vs SHSE:600539: 11.94

During the past 12 months, Lionhead Technology Development Co's average Book Value Per Share Growth Rate was -6.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -12.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lionhead Technology Development Co was 57.90% per year. The lowest was -18.60% per year. And the median was 0.00% per year.

Back to Basics: PB Ratio


Lionhead Technology Development Co  (SHSE:600539) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Lionhead Technology Development Co PB Ratio Related Terms


Lionhead Technology Development Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Lionhead Technology Development Co's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lionhead Technology Development Co PB Ratio Chart

Lionhead Technology Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.29 3.33 4.69 4.96 7.81

Lionhead Technology Development Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.62 7.62 7.68 7.81 11.23

SHSE:600539 vs CRH, VMC, MLM: PB Ratio Comparison

For the Building Materials subindustry, Lionhead Technology Development Co's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lionhead Technology Development Co PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lionhead Technology Development Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Lionhead Technology Development Co's PB Ratio falls into.


SHSE:600539
42GF Score
Lionhead Technology Development Co Ltd SHSE:600539
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lionhead Technology Development Co PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Lionhead Technology Development Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=15.64/1.306
=11.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 11.98 mean?
Lionhead Technology Development Co (SHSE:600539) has a PB Ratio of 11.98 as of Aug. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Lionhead Technology Development Co and its competitors. This is 207% above median its historical median of 3.90. Over the past decade, Lionhead Technology Development Co's PB Ratio has ranged from 2.32 to 15.62. According to the industry distribution chart, Lionhead Technology Development Co ranks #385 out of 399 companies in the Building Materials industry, placing it in the top 96.5%.
Is Lionhead Technology Development Co's PB Ratio too high?
Lionhead Technology Development Co's current PB Ratio of 11.98 is 207% above median its 10-year median of 3.90. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 15.62. The Building Materials industry median PB Ratio is 1.16. Lionhead Technology Development Co's value of 11.98 is 932.8% above this industry median. Based on the distribution chart, Lionhead Technology Development Co ranks #385 out of 399 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Lionhead Technology Development Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lionhead Technology Development Co's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Lionhead Technology Development Co ranks #385 out of 399 companies for PB Ratio. This places Lionhead Technology Development Co in the lower half of its industry. The industry median PB Ratio is 1.16. Lionhead Technology Development Co's value of 11.98 is 932.8% above this benchmark. Historically, Lionhead Technology Development Co's own PB Ratio has ranged from 2.32 to 15.62 over the past decade. While the company's 10-year median is 3.90 vs. the industry median of 1.16, Lionhead Technology Development Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Building Materials company?
The median PB Ratio among Building Materials companies is 1.16, based on 399 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lionhead Technology Development Co's current PB Ratio of 11.98 is 932.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Lionhead Technology Development Co and its competitors. For the Building Materials industry, the median PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lionhead Technology Development Co's current PB Ratio is 11.98, which is 207% above median its own 10-year median of 3.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lionhead Technology Development Co stock overvalued right now?
Based on GuruFocus' analysis, Lionhead Technology Development Co (SHSE:600539) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.83, compared to a current price of ¥15.64 — trading 168.3% above its estimated fair value. The current PB Ratio is 11.98, which is 207% above median its 10-year median of 3.90 and 932.8% above the Building Materials industry median of 1.16. Lionhead Technology Development Co's overall GF Score™ is 42/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Lionhead Technology Development Co (SHSE:600539), the current PB Ratio is 11.98 as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lionhead Technology Development Co (SHSE:600539) Overvalued in 2026?

Based on GuruFocus' analysis, Lionhead Technology Development Co stock appears to be overvalued. The current stock price of ¥15.64 is trading 168.3% above its estimated GF Value™ of ¥5.83. GuruFocus considers Lionhead Technology Development Co to be Significantly Overvalued.

Key valuation signals for SHSE:600539:

  • PB Ratio: 11.98 (207% above median its 10-year median of 3.90)
  • GF Value™: ¥5.83 vs. price of ¥15.64 (168.3% above fair value)
  • GF Score™: 42/100 with 7 warning signs
  • Industry Position: 932.8% above the Building Materials median (#385 of 399)

No single metric tells the full story. See the SHSE:600539 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lionhead Technology Development Co Business Description

Address No. 51, Binhe West Road, Xinghua Street, No. 0201, 1st-2nd Floor, Building 3, Wanberin District, Shanxi Province, Taiyuan, CHN, 030027
Lionhead Technology Development Co Ltd is engaged in the e-commerce business. E-commerce distribution business refers to obtaining authorization from brand companies or their authorized agents in some or all channels in the field of e-commerce, and the company purchases products from brand companies, opens stores on third-party e-commerce platforms under its own name within the scope of authorization, and sells to end consumers, or sells to third-party e-commerce platforms such as JD.com, Tmall Supermarket, and other distributors.
42GF Score

Get the complete analysis for SHSE:600539

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥15.64
Price
¥5.83
GF Value